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McDonald's Corporation (MCD): Today's Featured Leisure Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

McDonald's Corporation (
MCD) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.3%. By the end of trading, McDonald's Corporation fell $0.97 (-1.0%) to $95.41 on average volume. Throughout the day, 7,594,346 shares of McDonald's Corporation exchanged hands as compared to its average daily volume of 5,090,700 shares. The stock ranged in price between $95.00-$95.71 after having opened the day at $95.55 as compared to the previous trading day's close of $96.38. Other companies within the Leisure industry that declined today were:
Potbelly Corporation (
PBPB), down 5.5%,
Kona Grill (
KONA), down 5.0%,
Sonic Corporation (
SONC), down 4.8% and
Noodles & Co Class A (
NDLS), down 3.5%.

McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. McDonald's Corporation has a market cap of $95.4 billion and is part of the services sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate McDonald's Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates
McDonald's Corporation as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.